Politics
Auto Tariffs Are Likely to Lead to Much Higher Car Prices
New cars will probably become much more expensive in the United States after President Trump imposed a new 25 percent tariff on…
Tag
United States Economy
Politics
Foreign Travelers Are Rethinking Travel to the U.S.
International tourists detained at U.S. borders. Steep tariffs imposed on trade partners. Threats against longtime allies. The onslaught…
Politics
Trump Trade Policies and Federal Cuts Shake Consumer Confidence
Americans are increasingly anxious about their jobs and finances as the Trump administration’s trade policies and government cutbacks…
Business
Layoffs and Unemployment Grow Among College Graduates
When Starbucks announced last month that it was laying off more than 1,000 corporate employees, it highlighted a disturbing trend for…
News
U.S. Infrastructure Improves, but Cuts May Imperil Progress, Report Says
Increased federal spending in recent years has helped to improve U.S. ports, roads, parks, public transit and levees, according to a…
Politics
US Exporters Vie to Shape Trump’s Reciprocal Tariffs Ahead of April 2
Ahead of President Trump’s next big trade move, his administration invited companies to weigh in on the economic barriers they faced…
Business
23andMe Files for Bankruptcy Amid Concerns About Security of Customers’ Genetic Data
The genetic testing company 23andMe filed for bankruptcy protection on Sunday after months of uncertainty over its business model and…
News
Why the Shipping Industry Isn’t Rushing Back to the Red Sea
When President Trump ordered military strikes last weekend against the Houthi militia in Yemen, he said the militia’s attacks on…
Politics
Trump’s Tariffs Have Sown Uncertainty. That Might Be the Point.
Follow the latest news on the Trump administration. Since taking office, President Trump and his advisers have explained the president’s…
Business
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation…
Business
Americans Are Expecting Higher Prices. That Could Unnerve the Fed.
Fresh off the worst inflation shock in decades, Americans are once again bracing for higher prices. Expectations about future inflation…
News
Markets and Corporate America Are Unfazed by Washington Chaos, for Now
Even by Washington standards, the second Trump presidency has begun in frenetic fashion: mass firings at federal agencies, tariff threats…
Politics
Wall Street Is Getting Antsy With Trump
President Trump’s keynote this week at a Saudi sovereign wealth fund’s conference in Miami Beach might have seemed like another jubilant…
News
Why the Price of Gold Keeps Going Up
At his inauguration, President Trump said that “the golden age of America begins right now.” He was right, in one sense. The price of gold…
Politics
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
The Federal Reserve’s independence from the White House has long been enshrined in the law. But an executive order that President Trump…
Business
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to…
Politics
Senate Confirms Howard Lutnick as Commerce Secretary
The Senate on Tuesday voted 51 to 45 to confirm Howard Lutnick to be President Trump’s commerce secretary, putting in place one of the…
Politics
Can the Federal Reserve Look Past Trump’s Tariffs?
As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues to…
Politics
How Trump’s One-for-One Tariff Plan Threatens the Global Economy
The world economy was already grappling with a perplexing assortment of variables, from geopolitical conflicts and a slowdown in China to…
Politics
Uncertainty About Economic Policy Is Hampering Business Decisions
It is an axiom heard countless times in business school lecture halls and on corporate earnings calls: Uncertainty is bad for business.…
Politics
What to Know About VAT, the Tax System Used in Europe That Trump Despises
President Trump on Thursday ordered his advisers to determine new tariff rates on America’s trading partners, a move that he said would…
Politics
Trump Pushes Tariff Threats on Global Scale
President Trump is pursuing a far more aggressive trade policy than he embraced in his first term, allowing his unfettered instincts about…
Business
Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners,…
Business
Stock Market Falls After Inflation Report
Stocks and bonds slumped on Wednesday, as fresh inflation data highlighted Wall Street’s sensitivity to rising price across the economy…